IXC 10.5% 6.0¢ invex therapeutics ltd

Ann: Invex Granted Type C Meeting with FDA, page-46

  1. 1,744 Posts.
    lightbulb Created with Sketch. 365
    hey guys, new to the stock. I see they have $33m in cash, and a market cap $36m...what's the reason for them trading basically at cash backing?

    what am I missing here?
 
watchlist Created with Sketch. Add IXC (ASX) to my watchlist
(20min delay)
Last
6.0¢
Change
-0.007(10.5%)
Mkt cap ! $4.509M
Open High Low Value Volume
6.0¢ 6.0¢ 6.0¢ $3.264K 54.4K

Buyers (Bids)

No. Vol. Price($)
1 600 6.0¢
 

Sellers (Offers)

Price($) Vol. No.
7.0¢ 20000 1
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
IXC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.